Aakhir Tak – In Shorts
- The Hinduja brothers’ empire, once built on unity and partnership, crumbled due to internal disputes.
- A 2014 letter, which affirmed shared ownership, became the root of a legal battle.
- After Srichand Hinduja’s death in 2023, the brothers reconciled and split the business, marking a new chapter for family unity.
Aakhir Tak – In Depth
Hinduja Family Feud: A Journey from Unity to Separation
The Hinduja family, once a symbol of extraordinary unity and the leaders of one of the world’s largest diversified companies, saw their cohesion fracture due to a 2014 letter. The four brothers—Srichand, Gopichand, Prakash, and Ashok—led a global empire spanning industries like banking, healthcare, and energy. However, the principle of shared ownership, highlighted in the 2014 letter stating “Everything belongs to everyone,” became the foundation of a bitter legal dispute.
Legal Battles and Public Disputes
In 2020, Srichand Hinduja’s family challenged the validity of this letter, bringing the family’s internal dispute into the public eye. The UK High Court’s ruling in 2022 sided with Srichand, stating that the letter did not automatically grant control of assets to the other brothers. Despite this legal victory, it did little to mend the family rift. After Srichand’s passing in 2023, the brothers finally agreed on a settlement, opting to divide their empire to heal old wounds.
Business Division and the Role of the Next Generation
The settlement saw Srichand’s family take control of Hinduja Bank, while other assets were divided among the remaining brothers. This division ushered in a new era for the Hinduja dynasty, with the next generation, particularly Srichand’s daughters, Vinoo and Shanu, stepping into leadership roles.
The Price of Power
This event serves as a reminder of how even an empire built on family unity can fall prey to disputes. As the family divided their empire, it raises the question: When does wealth begin to breed discontent rather than joy? The Hinduja family saga teaches that sometimes, division is the only way forward.
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